Sofia ready with its Strategy for Digitalisation, developed as part of the Digital Cities Challenge program of the European Commission (video)

Sofia Ready with Its Strategy for Digitalisation, Developed as Part of the Digital Cities Challenge Project of the European Commission (Video)

On June 5, 2019, a high-level conference ‘Digital Cities Challenge: A strategy for EU cities in the 21st Century’ concluded the Digital Cities Challenge – a project of the European Commission. The event celebrated the work of the participating cities on the development of their individual Strategies for Digital Transformation. Sofia was invited to present its work at the exhibition …

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BUSINESS

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Invest Sofia Sharing its Experience in the Digital Cities Challenge Project at the European Cluster Conference

Invest Sofia Sharing Its Experience in the Digital Cities Challenge Project at the European Cluster Conference

By invitation of the organisers, Vladimir Danailov, the Executive Director of Sofia Investment Agency, participated , at the invitation of the organisers, in the European Cluster Conference which was held on 14th May in Bucharest, Romania. The invitation was extended to the Agency following a  recommendation from the European Commission about the good performance of our team in …

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A New Guidebook by Invest Sofia: Startup and Innovation Ecosystem in Sofia

A New Guidebook by Invest Sofia: Startup and Innovation Ecosystem in Sofia

Тhe new guidebook “Startup and innovation ecosystem in Sofia” is already available for download from the website of Invest Sofia. The document contains information for the entrepreneurship environment in the capital, the advantages for startups, the access to funding and the organisations in support of the business in the city. “Startup and innovation ecosystem in Sofia” contains a list …

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Finalists in Accelerator Startup Sofia

Finalists in Accelerator Startup Sofia

A total of 13 early-stage startups and social entrepreneurs were selected for the pilot edition of Sofia Municipality ‘Accelerator Startup Sofia’ - a joint initiative of the Municipal Guarantee Fund for Small and Medium Enterprises (MGFSME), the Europe Programme of Sofia Municipality, and Sofia Investment Agency. The Sofia-based teams will be supported with a total budget of over BGN …

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Invest Sofia in Stockholm Exploring Opportunities for Cooperation with the Swedish Capital

Invest Sofia in Stockholm Exploring Opportunities for Cooperation with the Swedish Capital

Last week our team had a very inspirational delegation trip to Stockholm. In the course of two days, we had a series of meetings with key ecosystem stakeholders in the Swedish capital, organized by the Commercial and Economic Section to the Bulgarian Embassy in Stockholm. We often travel to cities with a proven innovation track record and successful economic …

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Sofia Joins 150 top tech startup cities at TNW2019

Sofia Joins 150 Top Tech Startup Cities at TNW2019

Due to a special invitation from the organisers of The Next Web festival (TNW Conference 2019) a team from the Invest Sofia took part in the annual StartupCity Summit during the conference on May 9-10 in Amsterdam. Together with representatives of more than 150 of the world’s most active startup cities from around the world, Invest Sofia team participated in …

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Sofia to Host World-Class Supercomputer

Sofia to Host World-Class Supercomputer

Eight sites for supercomputing centres have been selected across the EU to host the first European supercomputers. They will support Europe's researchers, industry and businesses in developing new applications in a wide range of areas, from designing medicines and new materials to fighting climate change. The new high-performance computing machines will be located in Sofia (Bulgaria), Ostrava …

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Sofia Awarded a “French Tech" label by the Ministry of French Economy

Sofia Awarded a “French Tech" label by the Ministry of French Economy

Sofia received the FrenchTech label and joined an international community of over 50 innovation and tech hubs around the world. The accreditation was awarded by the Ministry of French Economy with the support of the French-Bulgarian Chamber of Commerce and Industry. French Tech is the collective name/brand that unites all participants in …

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The French Company BIC to Open New Service Center in Sofia

The French Company BIC to Open New Service Center in Sofia

The French company BIC officially announced that Sofia is part of its second phase of  “BIC 2022- Invent the Future” transformation project. The company plans to open a new Service center in Sofia by the end of 2019. As a next step, a three-month consultation phase will start on June 18 with the BIC Services Employees' representative. The project …

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Pre-seed Accelerator Founder Institute to Open in Sofia First Office Outside the US

Pre-seed Accelerator Founder Institute to Open in Sofia First Office Outside the US

Founder Institute,  the world's largest pre-seed startup accelerator, chose Sofia as its first office location outside the US. The Founder Institute (FI) already has programs in 180 cities across 65 countries worldwide and a network of local Programme Managers or Directors who take care for the execution of the acceleration sessions. Bulgaria also has its team of FI mentors, …

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The Software Company Experian Opened its New Office Building in Sofia

The Software Company Experian Opened its New Office Building in Sofia

The Bulgarian division of the Irish data and analytical tools software company Experian moved its team to a new own office building in Sofia. The ninth-floor Space Tower is situated on Tsarigradsko Shose Blvd, right next to the Inter Expo Center metro station, thoroughly designed and build by Bulgarian subcontractors. The new office building has …

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Bulgarian IT Company Invests BGN 100 000 in a New Test Base in Sofia

Bulgarian IT Company Invests BGN 100 000 in a New Test Base in Sofia

Bulgarian company Persy invests BGN 100 000 in a new state-of-the-art testing facility in Sofia for its computers and servers. With this investment, the company aims at doubling its capacity in the operations for the mandatory checkup of the machines placing them for sale. Persy Ltd is a systems integrator and manufacturer of high-quality server and computer systems. The company …

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Sofia-based Startup Centroida Joins ScaleFocus

Sofia-based Startup Centroida Joins ScaleFocus

  Sofia-based IT startup Centroida has merged into ScaleFocus -  one of the largest Bulgarian software companies focused on custom software solutions in the domains of Digital, Data and Cloud. Centroida is a privately held start-up, founded in 2017. The company delivers solutions based on blockchain technologies, as well as smart contract development and auditing. It is also known for …

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Invest Sofia In a Strategic Partnership With The New R&D Laboratory RILab i2030

Invest Sofia In a Strategic Partnership With The New R&D Laboratory RILab i2030

The research and development laboratory Industry 2030 -  RILab i2030 was opened in Sofia. Sofia Investment Agency is a strategic partner of RILab i2030. The laboratory will provide support to the scientific and development work of small and medium-sized enterprises and high-tech industry with scientific research services and training.  …

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Invest Sofia Presents the Economic and Investment Profile of Sofia to a Delegation from Uzbekistan

Invest Sofia Presents the Economic and Investment Profile of Sofia to a Delegation from Uzbekistan

By an invitation of the organisers, CEO of Sofia Investment Agency Vladimir Danailov presented to an Uzbek delegation the instruments for attracting investments, the economic and investment development of Sofia and Bulgaria, and the tools for encouraging small and medium enterprises (SMEs) and start-ups in the city. The initiative was carried out with the assistance of CEED Bulgaria, part …

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Invest Sofia to Take Part in Digitalisation Conference in Vienna

Invest Sofia to Take Part in Digitalisation Conference in Vienna

Sofia Investment Agency will participate in the programme of the Digitalisation Conference, that will be held on June 18-19, 2019, in Vienna, Austria. The participation is at the invitation of Vienna Municipality and Eurocomm PR - the office for international relations of Vienna. On the second day of the conference, CEO Vladimir Danailov will take part in the panel …

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Vladimir Danailov: Top Companies Open their Regional and Global Tech Hubs in Sofia

Vladimir Danailov: Top Companies Open their Regional and Global Tech Hubs in Sofia

Even though it started just 7 years ago, the ecosystem of fast developing startup enterprises in Sofia is already comparable to that in Vienna. At present, there are 16 venture capital funds and 500 startups in Sofia This was reported by the CEO of the Sofia Investment Agency, Mr Vladimir Danailov at the Tenth Credit Risk Management Conference. The event …

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Bulgaria Ranks One Place up in the Manufacturing Risk Index 2019

Bulgaria Ranks One Place up in the Manufacturing Risk Index 2019

Bulgaria climbs one place up to 18th out of 48 locations around the world in the global Manufacturing Risk Index 2019 produced by Cushman & Wakefield consultant company. The index evaluates the countries according to 20 different criteria in order to reach the final rankings in three categories: General conditions, Operational expenses and Risk. The report analyses locations that …

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ENTREPRENEURS

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Sofia Ambassadors: Arianna Codemo

Sofia Ambassadors: Arianna Codemo

Meet Arianna Codemo - Our Wonderful Erasmus Exchange Student from Italy. Arianna Codemo is 22, student at ITS Tourism Academy in Jesolo, specializing in hospitality and management. She has been a valuable part of our team for the last 3 months and we do believe we have managed to attract one more keen ambassador of Sofia.  …

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MatcHub - A New Platform for Foreign Business Partners

MatcHub - A New Platform for Foreign Business Partners

A new platform called MatcHub was presented аt an open event for entrepreneurs and startups. MatcHub is a portal for business networking that helps companies find partners on international markets. The platform is designed to support small and medium-sized businesses and to connect directly the companies with partners interested in the same field of activity or expertise. Organisations and …

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Invitation for Participation in the 3rd SFDACE in Riyadh

Invitation for Participation in the 3rd SFDACE in Riyadh

On behalf of the BINARA team, we would like to invite you to take part in the forthcoming Third Annual Saudi Food and Drug Authority Exhibition (SFDACE) to be held on 30 Sep- 02 Oct 2019 in Riyadh, Saudi Arabia. SFDACE is the largest annual event for food, drugs and medical devices in Riyadh. The fair is an excellent …

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Funding Opportunities

Funding Opportunities

The Fund of Funds chose First Investment Bank as an intermediary for the implementation of a financial instrument "Microcredits with shared risk" under OP "Human Resources Development" 2014-2020. The budget for allocation to startups and social enterprises amounts to BGN 26.4 million and will be provided in the form of microcredits. They can be up to BGN 48,895 …

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EVENTS

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Total Chaos 2019 Was a Blast

Total Chaos 2019 Gathers Worldwide Computer Graphics and VFX Elite

For the second year in a row Total Chaos gathered the worldwide computer graphics and VFX elite. Hundreds of 3D artists, designers and developers joined the global gathering in Sofia. The event was held in the Innovation Forum of Sofia Tech Park and hosted inspiring talks by world-class artists, hands-on masterclasses and certification opportunities. Again, Total Chaos 2019 turned …

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Upcoming Events in Sofia

Upcoming Events in Sofia

GO GLOBAL! is the forum for Bulgarian companies looking to expand their businesses on the international market. The event is intended to companies who already export their products or services to foreign markets and are looking  for more opportunities for expansion, or yet they are considering trading abroad.The forum will feature some of the most successful examples …

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Sofia Investment Agency

12 Gen. Gourko St, 1000 Sofia, Bulgaria

contact@investsofia.com 

www.investsofia.com 

SIA’s newsletter has no commercial content. We only publish informative articles – news, events and statistics about Sofia as an investment destination. We hope you find them useful. If not, you can unsubscribe from the bottom link that is part of the newsletter email.